CFM to upgrade Sena line by early 2013
Mozambique's ports and railways company CFM expects to complete a refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete province by early 2013.
Anglo, MPs in face-off over BEE targets
Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.
Botswana to dominate SA in diamond cutting
Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.
Randgold rallies as Bristow walks the talk
Shares in Randgold Resources have gained more than 7% after a strong set of results affirmed the erstwhile exploration start-up’s ability to be a one million ounces producer by 2015.
De Beers says signs $2bn debt deal
De Beers has signed a $2bn debt deal to refinance existing debt and fund growth.
Talks continue between Xtrata and Num
The National Union of Mineworkers and Xstrata will continue their engagement to find an amicable solution to a proposed Employee Share Ownership Programme (Esop).
CoM makes strong case against carbon tax
The Chamber of Mines has fired the first salvo at its annual general meeting on the next debate that will dominate SA’s mining sector.
BHP approves Caval Ridge development
BHP Billiton has approved development of the Caval Ridge Mine project and expansion of the Peak Downs Mine in the northern Bowen Basin in Central Queensland, Australia.
SA needs growth, not nationalisation says Godsell
SA needs to double the size of its economy within 20 years to deal with current social and economic inequalities, says Business Leadership SA chair Bobby Godsell.
Num, Exxaro agree on wage deal
The National Union of Mineworkers says it has agreed a wage deal with Exxaro for workers that do not fall under wage deals struck earlier by the Chamber of Mines.